The World of Aviation

The CH-53K King Stallion heavy transport helicopter has successfully completed several inflight refuelling tests with a United States Marine Corp KC-130J Super Hercules tanker. The test flight took place at the beginning of April off the east coast of the United States and lasted several hours. The Sikorsky family of CH-53 transport helicopters has been

The International Air Transport Association (IATA) released its financial outlook for the global air transport industry showing that airlines are expected to lose $84.3 billion in 2020 for a net profit margin of -20.1 per cent due to the ongoing pandemic.

Budapest-based low-cost carrier (LCC) Wizz Air has provided further detail on plans for its Abu Dhabi hub. Speaking on a webcast with aviation consultant John Strickland, CEO József Váradi said that the airline plans to operate as many as 100 aircraft to and from the UAE by 2035. Varadi has doubled down on the UAE

Singapore Airlines has announced that it has managed to raise US$7.2 billion in new equity through the company’s recent rights issue. Along with its new liquidity, the Changi Airport-based national flag carrier of Singapore has built up a mix of secured and unsecured credit facilities. It is hoped this new liquidity will leave the airline

US President Donald Trump has criticised Warren Buffett’s decision to sell  $6.1 billion of shares in the four largest US airlines in May. President Trump highlighted figures showing shares in America’s big four airlines are up amid claims recovery is on the way. Airlines faced a heavy blow when Buffett pulled his investments from the

An Antonov AN-26 freighter turboprop skidded off the runway at the Renk Airport in South Sudan, located far north in the Upper Nile state.